TNM

Amy Poehler blessed with son

V-Guard postponed its plans to setup two amusement parks

V-Guard postponed its plans to setup two amusement parks V-Guard, one of the leading electrical and electronic appliances group, has postponed its plans to set up two water theme amusement parks with an aggregate investment of up to Rs 1,200 crore because of land acquisition problems.

The group has shelved its plans of setting up parks near Panvel in Navi Mumbai, following the phenomenal rise of land prices at the proposed site.

Interest rates slashed by Bank of Korea

NMDC registers 48% surge in Q2 Net Profit

NMDC, the largest supplier of iron ore in the country, has registered net profit of Rs 944.93 crore for the second quarter ended September 30, a 48 per cent growth over the same period a year ago. 

The company had posted a net profit of Rs 640.02 crore in the second quarter of FY 2008.

Total income of the company went up by 45 per cent at Rs 1,857.27 crore in the quarter under review, from Rs 1,282.72 crore in the same period last year. 

NMDC Ltd is a state owned mining firm involved in the exploration of wide range of minerals including iron ore, copper, rock phosphate, lime stone, magnesite, diamond, graphite, beach sands etc.

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Parle Agro aims to achieve turnover worth Rs 3500 crore by FY10-11

Parle Agro aims to achieve turnover worth Rs 3500 crore by FY10-11Mumbai-based Parle Agro, a leading food and beverage company, is aiming a Rs 3,500-crore turnover by 2010-11.

The proposed turnover is nearly four-fold rise from its present turnover of Rs 950 crore. 

Parle Agro plans to expand its distribution network through organic route and aggressive marketing strategy.
 
For starters, it has decided to expand production capacity of its mineral water, which is sold under the Bailley brand. 

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